JP Morgan Chase & Co.

Securitized Products Group - Tax Oriented Investments - Associate

JP Morgan Chase & Co.$70K — $95K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 5-7 years of experience in real estate, finance, or a related field
  • Strong analytical, quantitative, and problem-solving skills
  • Advanced proficiency with spreadsheets and databases
  • Excellent written and verbal communication skills
  • Highly detail-oriented with strong accuracy and follow-through
  • Ability to work independently and effectively with various stakeholders
  • Strong organizational skills with ability to prioritize competing deadlines

Responsibilities

  • Support the Transaction Manager in evaluating new opportunities from syndicators
  • Prepare preliminary approval materials and maintain tracking databases
  • Develop site visit materials and participate in meetings with developers
  • Review third-party reports and conduct independent market research
  • Analyze pro forma rents, operating budgets, and subsidy structures
  • Coordinate due diligence documentation and manage checklists
  • Prepare investment summaries and support Investment Committee presentations

Benefits

  • Collaborative work environment with a focus on affordable housing
  • Opportunities for professional development and skill enhancement
  • Exposure to a wide range of stakeholders in the real estate industry
  • Impactful work contributing to affordable housing initiatives
  • Access to comprehensive resources and tools for evaluating investments
Full Job Description
JOB DESCRIPTION

Help expand access to affordable housing by underwriting and supporting the execution of LIHTC equity investments across the U.S.

Job summary

The Housing Investments team within JPMorganChase’s Tax Oriented Investments (TOI) group is seeking an Underwriter to support transaction teams in underwriting, structuring, and closing equity investments in affordable multifamily communities nationwide through the Low-Income Housing Tax Credit (LIHTC) program. You will analyze real estate fundamentals, evaluate opportunities sourced from syndicator partners, and support the Transaction Manager throughout the investment lifecycle—from initial feasibility through closing and post-closing handoff.

Job responsibilities
  • Support the Transaction Manager in evaluating new opportunities from syndicators, including feasibility reviews, preliminary prospecting models, portal uploads, and bid-cycle recordkeeping
  • Prepare preliminary approval materials and maintain tracking databases for pipeline and approvals
  • Develop site visit materials and participate in meetings/interviews with developers and key stakeholders, as appropriate
  • Review third-party reports (e.g., market studies, appraisals) and conduct independent market/demographic research to inform underwriting conclusions
  • Analyze pro forma rents, operating budgets, and subsidy structures (e.g., Section 8, public housing), and assess impacts to investment performance
  • Coordinate due diligence documentation and manage checklists with syndicators, developers, and external counsel; review key documentation for alignment with guidelines and models
  • Prepare investment summaries and support Investment Committee presentations, closing/post-closing activities, and partner relationship management
Required qualifications, capabilities, and skills
  • Strong analytical, quantitative, and problem-solving skills
  • Advanced proficiency with spreadsheets and databases
  • Excellent written and verbal communication skills, including presentation capability
  • Highly detail-oriented with strong accuracy and follow-through
  • Ability to work independently and effectively with stakeholders across levels of management
  • Strong organizational skills with the ability to prioritize competing deadlines
  • Ability to synthesize third-party reports, market research, and documentation into clear underwriting recommendations
Preferred qualifications, capabilities, and skills
  • Bachelor’s degree in business, finance, real estate, urban planning, or a related field
  • Familiarity with affordable housing finance and/or LIHTC transaction fundamentals
  • Experience building or reviewing real estate underwriting/prospecting models (including reconciliations)
  • Interest in deepening tax and accounting knowledge across the LIHTC investment lifecycle

About JP Morgan Chase & Co.

JP Morgan Chase & Co. stands at the forefront of the global financial services industry. They offer an expansive array of products and services to a diverse clientele, including individuals, corporations, governments, and institutions. Ever since the merger of J.P. Morgan & Co. and Chase Manhattan Corporation in 2000, this industry-leading entity has become renowned for its comprehensive portfolio encompassing consumer and community banking, corporate and investment banking, commercial banking, as well as asset and wealth management. Headquartered in the vibrant city of New York, JP Morgan Chase & Co. boasts a formidable presence across over 100 countries worldwide.

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JP Morgan Chase & Co. is continuously on the lookout for talented individuals eager to contribute to its legacy of excellence. The company's recruitment efforts are geared towards identifying candidates with the right blend of skills and qualifications to drive forward its various business segments. Whether you are a seasoned professional or a recent graduate, JP Morgan Chase offers a plethora of job openings across multiple disciplines.

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Preparation is key to succeeding in your interview with JP Morgan Chase. Familiarize yourself with the company's business segments, values, and recent achievements. Demonstrating how your background and aspirations match the company's goals can significantly increase your chances of employment. A World of Job Opportunites in the Financial Services Industry JP Morgan Chase & Co. offers a world of job opportunities for those seeking to make their mark in the financial services industry. With competitive salaries, comprehensive benefits, and endless possibilities for growth, positions at JP Morgan Chase are highly coveted. By staying informed through job sites, tailoring your applications, and preparing thoroughly for interviews, you can enhance your prospects of joining the esteemed ranks of JP Morgan Chase employees. Explore the job board, seize the job opportunities, and embark on a rewarding career journey with one of the world's leading financial institutions.
Learn more about JP Morgan Chase & Co.
Size
661 employees
Market Cap
$384.5 billion
Industry
Net Income
$29.1 billion
Founded
1823
5 Year Trend
+0.7%
Revenue
$261.5 million
NASDAQ

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